European Union | Imports and Exports | World | Methanol (methyl alcohol) | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 290511 "Methanol (methyl alcohol)" from European Union totalled $ 150 million in 2023. Sales of commodity group 290511 from European Union went up by 90% compared to 2022: exports of commodity group 290511 "Methanol (methyl alcohol)" went up by $ 71 million (cumulative exports of commodity group 290511 from European Union amounted $79 million in 2022)
Exports of commodity group 290511 "Methanol (methyl alcohol)" amounted to 0.005% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 290511 in total exports from European Union increased by 0.002 p.p. compared to 2022 (it was 0.003% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).
Exports of commodity group 290511 amounted to 0.2% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $75 billion in 2023). The share of exports of commodity group 290511 in sales of commodity group from European Union increased by 0.093 p.p. compared to 2022 (it was 0.107% in 2022, and exports of commodity group from European Union were $73 billion).
Exports of commodity group 290511 amounted to 7.08 percent of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to 2.12 billion USD in 2023). The share of exports of commodity group 290511 in sales of commodity group from European Union increased by 3.88 p.p. compared to 2022 (it was 3.19 percent in 2022, and exports of commodity group from European Union amounted to 2.48 billion USD).
Where does European Union export Methanol (methyl alcohol)?
Top export destinations of "Methanol (methyl alcohol)" from European Union in 2023:
- United Kingdom with a share of 45% (68 million US$)
- Norway with a share of 11.6% (17.5 million US$)
- Ukraine with a share of 10.8% (16.2 million US$)
- Angola with a share of 6.97% (10.5 million US$)
- Switzerland with a share of 3.77% (5.69 million US$)
- China with a share of 2.3% (3.48 million US$)
- USA with a share of 2.11% (3.18 million US$)
- Nigeria with a share of 1.82% (2.74 million US$)
- Ghana with a share of 1.45% (2.19 million US$)
- Serbia with a share of 1.35% (2.03 million US$)
The value of imports of commodity group 290511 "Methanol (methyl alcohol)" to European Union totalled $ 1.86 billion in 2023. Sales of commodity group 290511 to European Union decreased by 21% in value terms compared to 2022. imports of commodity group 290511 "Methanol (methyl alcohol)" decreased by $ 504 million (the value of imports of commodity group 290511 to European Union was equal to $2.36 billion in 2022)
Imports of commodity group 290511 "Methanol (methyl alcohol)" accounted for 0.068% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 290511 in total imports to European Union decreased by 0.009 p.p. compared to 2022 (it was 0.078% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).
Imports of commodity group 290511 reached 1.82% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $102 billion in 2023). The share of purchases of commodity group 290511 in imports of commodity group to European Union went down by 0.271 p.p. compared to 2022 (it was 2.09% in 2022, and imports of commodity group to European Union accounted for $112 billion).
Imports of commodity group 290511 reached 51 percent of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled 3.6 billion USD in 2023). The share of purchases of commodity group 290511 in total imports of commodity group to European Union increased by 2.82 p.p. compared to 2022 (it was 48 percent in 2022, and imports of commodity group to European Union accounted for 4.85 billion USD).
Where does European Union import Methanol (methyl alcohol) from?
Top trading partners (import of "Methanol (methyl alcohol)") of European Union in 2023:
- Trinidad and Tobago with a share of 26% (497 million US$)
- USA with a share of 20% (385 million US$)
- Equatorial Guinea with a share of 13.2% (245 million US$)
- Egypt with a share of 11.5% (215 million US$)
- Venezuela with a share of 7.66% (142 million US$)
- Norway with a share of 6.95% (129 million US$)
- Azerbaijan with a share of 5.73% (106 million US$)
- Russia with a share of 3.23% (60 million US$)
- Saudi Arabia with a share of 2.16% (40 million US$)
- Oman - 12.5 million US$
